Is BCTEX Safe
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We are available for iOS (Apple Store), Android (Google Play), and Web (through http://bctex-inc.com).Opening a personal account in a cryptocurrency exchange like Huobi is usually an easy and intuitive process. On some platforms and in some jurisdictions, a user may be allowed to receive crypto assets on their account on the platform without the need for KYC. There are some other verifired exchange platforms such as Binance, OKX, Coinbase, BCTEX Global and etc ask for KYC verification..
8. Canada based and trustworthy BCTEX cryptocurrency exchange is a multifunctional platform for lickety-split exchange and margin trading of cryptocurrency. Bitcoin, Litecoin, Ethereum, Ripple, ATOM, Dash, dozens of other altcoins and tokens are traded on the exchange. Fiat currencies include the US dollar, euro, British pound, Russian ruble, and eight other state currencies. In addition to the TradingView desktop trading terminal with extended functionality, BCTEX crypto exchange offers an application for mobile trading on iOS and Android.BCTEX charges are flat fee is s 0.20%.
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Is BCTEX real or fake?.
John Doe
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Withdrawal fees vary depending on the cryptocurrency.2. cold storage of funds, two-factor authentication, high level of information security;
Regarding the fees, BCTEXhas reasonable commission fees which become more favorable as the trading volume of the user increases. However, there is a minimum deposit and withdrawal amount (1000 TRY) via bank transfer. There is a very small limit for instant transfers, which is 10 TRY.
Remind that our customers have an opportunity to interact with other partners providing marketing and liquidity services.Benefits
Algorithmic TradingFor instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits).